ILVUSDT (long)Trendline has been broke along with inverted head and shoulders pattern, breakout trader could wait for neckline to be break and then take entry for long.
ILVUSDT trade ideas
ILVUSDT - BULLISH OUTLOOK ILVUSDT has been forming Lower Lows (LL) and Lower Highs (LH), indicating a prevailing downtrend. However, a recent development of a bullish divergence on the 1-hour time frame suggests a potential reversal. Additionally, the price is currently within an accumulation zone, further supporting the idea of a trend shift.
To capitalize on this potential reversal, consider placing a Buy STOP order above the last Lower High at 90.45, anticipating a breakout from the accumulation zone and the initiation of a bullish trend. Set the stop loss at 83.90 to manage risks.
The take-profit levels are structured as follows:
Take Profit 1 (TP1) = 97.00
Take Profit 2 (TP2) = 103.55
This approach provides a progressive profit-taking strategy at different levels, allowing you to adapt to changing market conditions. Keep in mind the dynamic nature of the financial markets, and monitor the trade closely for potential adjustments.
ILVUSDT: Bullish (LONG)ILVUSDT.P is currently in a downtrend, forming lower lows (LLs) and lower highs (LHs). However, on the 4-hour timeframe, there is a strong bullish divergence, and the price is touching the support line. This suggests a potential reversal from the bearish trend to a bullish one. To confirm the bullish trend, we are looking for a break above the neckline and the previous LHs. Once this confirmation occurs, it may present an opportunity to take a long position and ride the upward trend.
ILVUSDT - BULLISH OUTLOOKILVUSDT is currently in a pattern of lower lows and lower highs, indicating a bearish trend. However, a bullish divergence has emerged on the 4-hour (4H) time frame, signaling a potential reversal.
Here's a concise technical analysis along with a suggested trading strategy:
Entry: Consider entering a long position using a buy-stop order at the price level of 75.70.
Stop Loss (SL): Place a stop loss order at 70.98 to manage risk and protect against adverse price movements.
Take Profit (TP): Set multiple take-profit levels to achieve different risk-reward ratios:
TP1: $80.70
TP2: $85.40
TP3: $90.10
This trading strategy anticipates a bullish reversal based on the observed bullish divergence. As with any trading strategy, it's crucial to closely monitor the market for changes and adjust the approach accordingly to mitigate risks
ILV target 13512h time frame
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ILV is correcting 40% since 59 days before. This correction could be see as a falling wedge, which is a potential continuation structure. If ILV can get support around 0.382 Fib Projection, that will allow us to find target with Fibs and structural resistance.
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TP: 134~146
SL: 57.8
ILV Don't Miss Out! Grab the Bull by the Horns and Invest Smart**ILV Coin Fundamental Analysis**
ILV Coin is the native utility token of Illuvium, a decentralized gaming platform that allows users to collect, battle, and trade digital creatures called Illuvials. The token has a number of potential use cases within the Illuvium ecosystem, including:
* **Staking:** ILV Coin holders can stake their tokens to earn rewards in the form of additional ILV Coin and other tokens.
* **Governance:** ILV Coin holders will have the ability to vote on proposals that affect the development of the Illuvium ecosystem.
* **In-game purchases:** ILV Coin can be used to purchase in-game items, such as avatars, skins, and boosts.
**Recent News**
* **Illuvium Public Beta:** The Illuvium Public Beta was launched on December 8, 2023. The beta is currently available to a limited number of players, but it is expected to be released to the public in early 2024.
* **Illuvium Team Expansion:** The Illuvium team has been expanding rapidly in recent months, adding new talent to its development and marketing teams.
* **Illuvium Partnerships:** Illuvium has partnered with a number of companies in the blockchain gaming industry, including Immutable X, Binance Labs, and Animoca Brands.
**Disclaimer**
ILV Coin is a high-risk investment. The price of the token could go down as well as up, and you could lose money. You should only invest in ILV Coin if you are comfortable with the risks involved.
ILVUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
I SAW THIS TRADE LATE AND PRICE HAS LEFT ENTRY A BIT. MANAGE YOUR RISK PROPERLY!
ILV: Potential down side to $70ILV: Potential downside to $70. It has broken the $90 support. My buy the dip zones for Illivium is at $70 and below. I will be accumulating at $70 and below for the long term bullish potential.
ILVUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
5000 TO 60000Hi guys
Hello, dear traders, in the continuation of the challenge of 5000 to 60000 dollars, I went to a cryptocurrency that has the potential of high growth with big investors. I buy with pullback in green lines and sell in red lines according to the market conditions
ILV - Futures TradeSo I haven’t posted for a while for many and various reasons. One of which is I have been learning/losing/winning in futures trading. I can tell you it’s been a hard learning curve which I think/hope i’ve started to get a handle on. One of the biggest things I found I needed to learn was entry points by finding to top or bottom of a movement for entry. with futures the liquidation point is “very” small usually between 2.8-3.8%. TINY.
What I’ve figured out is basically the same concepts used in long term trading apply but to a much more finite point. However, trading based on day or even 4+ hrs doesn’t work as there’s too much movement that can happen in the lower time frames (remember 2-4% in the wrong direction and your wiped). Also, almost an unavoidable factor, is BTC can move sporadically any which way and wipe you out or give you a wicked bonus depending on which way the wild ball bounces.
So what do I do. Using EWT, Fib’s etc I try to plot a coins movements in general, always initially spending time on BTC as it drags everything along with it, usually. This gives me the general trend for the market and the specific coin. To get a decent movement for a trade of a coin I look at the 1h RSI. If I can enter short above 60 downward or a long below 40 upward I should get a decent amount of movement. In addition, I look for a diversion on the 1h RSI either short or long, or there’s no trade. I look for corroborating indications on other indications like the SRSI, MacD, ADX/DI, and MFI indicators in the 1h and other timeframes. The more corroboration I get the better the trade looks.
In the example above, the large red arrow indicates where I entered the trade. The little red arrows in the indicators show corroboration, which also showed in other timeframes as well. The price range shows where the original liquidation was at the time of the trade, a 2.99% margin, which I adjust right away to about half that, or 1.86%. I don’t want to lose more than half my trade amount. I target a standard 3-1 risk ratio based on my adjusted initial liquidation setting.
The little white arrows show where I placed my stop loss before going to bed. The circles show the optimum get out point which happened in the middle of the night while I slept. Should have placed a market sell order at the 3-1 of $87.37 but I didn’t. My bad. Anyway, this morning I was waiting for the retest of the low but issued it because the wifi went out for a couple hours (fairly common here in Bali), and finally exited the trade at the big green arrow.
Result, 100% gain in just around 22h. The strategy is not perfect, not all trades work out, of course, but following this strategy has given me better returns with more wins than loses. I am continuing and refining this strategy constantly. Have a Merry Holiday Season all.
My thoughts, not advice Oklah. Cheers
ILV - A great buyHi,
I have added more ILV to my portfolio this week around the $100 price area. They have been building throughout the bear market they have a nicely sized capital to continue building into the future. This month they have partnered with Epic Games.
This crypto could easily reach ATH over the next 12 months, looking at roughly a 15x gain.
I think every gaming portfolio should be including ILV, it's an easy play from here.
Is this a diagonal?? I'm more interested in the triangle which am already in the trade on futures. When and if the traingle plays out I will recount and know what's next for this pair
🟢 Illuvium (ILV) BREAK OUT 🟢The price is poised to make a strong upward move after a minor correction.
Pay more attention to Metaverse and gaming coins as they offer high profits.
ILV/USDT Opportunity with 3.6% Risk-Reward RatioAnalysis by SK System
Current Price: $111
The recent correction from the vague B-C has reached the ideal level for a bullish reversal, pointing towards a potential upswing to $117 or even $119. The price is currently positioned at $111, and historical data suggests that a turnaround is imminent.
Key Points:
Correction Level: The correction of the vague B-C has reached a significant level, indicating a potential shift in market sentiment.
Upside Potential: Anticipating a bullish reversal with a target range of $117 to $119.
Risk Management: Implementing a stop-loss at $109.2 to mitigate potential losses and adhere to a disciplined risk management strategy.
Trade Details:
Entry Point: Current market price ($111)
Target Price: $117 to $119
Stop-Loss: $109.2
Risk-Reward Ratio: 3.6%
ILV rebounced from the Demand ZoneILV is trying to catch the momentum with its deficient circulation supply, I believe it could reach new highs any time soon with some volume
This area has been holding strongly for some time, so consider it and keep an eye on ILV
Your SL will be closing 1d below the red line
All the best insha Allah!
Iluvium testing historic resistanceILV is testing historic resistance like I hoped after a rejection and consolidation. This is one of the most hyped games in all of crypto. I added an updated local demand, and you can see the trend has been strong since the cup and handle breakout. The exciting thing for me is that RSI is coiling up so I believe we are about to see a fierce move like super token. The 20-50 EMAs are again pointing upward and parallel. I added average true range to give a picture of the volatility jump we saw with the healthy cooldown. I am net long and have been since my stated re-entry a a while back.
God bless illuviumI managed to buy two coins at a low price and a am holding like a Degen should, wish I brought more!
ILVUSDT (4H) - Bearish reversalHi Traders
ILVUSDT (4H Timeframe)
Waiting for the downward break of 104.50 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 120.20 would cancel the bearish scenario.
Trade details
Entry: 104.50
Stop loss: 120.20
Take profit 1: 95.00
Take profit 2: 84.00
Score: 4
Strategy: Bearish reversal
ILV up
ILV is respecting the upward channel and is moving up, a good 20% trade potential exists on the chart for the short term
ILVUSDT (4H) - Bullish breakoutHi Traders
ILVUSDT (4H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 123.00 resistance level. Only the downward break of 104.50 would cancel the bullish scenario.
Trade details
Entry: 123.00
Stop loss: 104.50
Take profit 1: 134.00
Take profit 2: 152.50
Score: 8
Strategy: Bullish breakout
Illuvium Daily Confluence AreaProper TA is all about finding areas of confluence (multiple key levels in a common area).
You cant predict the market, you watch how it reacts to its own history.
Here we have a volume profile Point of control lining up next to a 618 Fib golden pocket.
Illuvium just partnered with Gamestop + immutable X and will release nft sales tomorrow June 12th. If this news doesn't pump the price then i see us drop down first then make our way up to the golden pocket.
